It is hard to believe the sort of things being circulated about Argentina and its libertarian president. The article that Patrick Kaczmarczyk and I wrote some time ago has generated a particularly strong response. Some (such as Poschardt and Stelter, …
The fuss over oil prices is once again huge. If you dare to call for calm (which I have done), a shitstorm is inevitable. In a world where many still claim we are rapidly heading towards a transformation that will lead to the complete abandonment of fossil fuels, …
It is quite astonishing: Viktor Orbán’s heyday in Hungary began when, following the end of massive currency speculation (carry trades) that had massively overvalued the Hungarian forint, the forint plummeted and left many homeowners who had taken on debt in foreign currencies (Swiss francs or Japanese yen) due to low interest rates in enormous difficulty. …
Today saw yet another interesting and extremely important statistic that has gone unnoticed by both the media and so-called economic science. As it does every month, Eurostat published the trend in producer prices for the manufacturing sector. The latest available figure is for February, …
